The value of Bitcoin has fallen by three quarters this year, sending the original crypto-currency and the largest one back to levels not seen before its bubble. And the price is not the only aspect of the trading that has changed. Retail investors responsible for the rapid rise of bitcoin…
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JP Morgan-backed digital services company Smartrac has partnered with SUKU Ecosystem. This is a blockchain startup owned by former senior Deloitte director Eric Piscini. SUKU, which is managed by another Piscini-owned blockchain company, Citizen Reserve, will provide its platform for integration into the Smartrac supply chain. Smartrac is a manufacturer…
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Innovation is the engine of progress, since it alters the status quo and forces established players to improve their game. But if it is not handled correctly, it can also be destructive; and in this, innovation in financial technology (fintech) is no exception. New technologies developed by startups in the…
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“We connect companies that need financing with savers who want to grow their money” We are in an emerging market that is developing at a good pace and that has the potential for growth and development. October, formerly known as Lendix, is a financing platform for small and medium-sized companies…
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The Berlin developers of a cash register system for the catering industry now also want to offer financial services. Investors help with a million amount. In order to develop new offers for the gastronomy, the start-up Orderbird from Berlin has secured a million-dollar financing. For the exact amount of investment…
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The US is not only tempting startups with the myth of Silicon Valley, but also with a lot of risk capital and a very large unified market. For more and more Austrian start-ups, the next logical step for expansion is not necessarily a neighboring country. But the jump over the…
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Executives from the country’s leading public-private financial institutions met at the “Fintech Talk II”, training meetings organized this year by the Dominican Association of Fintech Enterprises (AdoFinTech), the Specialized Institute of Research and Information in Legal Sciences ( OMG Institute) and the British Embassy. In the event, Belkis Guerrero Villalona,…
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What is it like to work in a fintech? The Chronicler went into the offices of Wenance to live the experience and work side by side with the protagonists. The first thing that draws attention in Wenance is that there is no “until tomorrow”, many of the greetings are: “Then…
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The company behind cryptoactive XRP, Ripple, reported that five new financial platforms will start using cryptocurrency to make cross-border payments. The startup highlighted that JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank will use XRP to “obtain liquidity” and “send payments on behalf of their clients”. Ripple also announced that…
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Robinhood is one of the few hyped startup ideas from Silicon Valley that has not yet made it to Europe with a well-known imitator. Countless German founders like to be inspired by US business models – HelloFresh and Zalando are just some of the best known examples. The Berlin startup…
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